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Stocks Plunge To 2014 Lows
US equities, despite the Bernanke bounce on Friday afternoon and the first POMO of the year today, are in trouble (relatively speaking). The last 3 days in the S&P are the worst since pre-Taper and take stocks back to 10-day lows. Trannies are the most troubled, down over 2% from the 2013 closing highs. Gold and silver are back in the green (up for the 3rd day as stocks drop for the 3rd day in a row). Treasuries are well bid (10Y at 2.95% - 10-day low) while the USD is being sold this morning (on JPY strength which is carrying stocks lower).
From the 2013 closing highs...
and from the "Taper" lows...
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Ouch!
.. says Merkel as she breaks her pelvic bone
(Merkel is out of commission for 3 weeks due to a skiing accident earlier today)
Sad, maybe Bankster class is commission CIA for deploy counter measure fir tree on hill like use to kill Sonny Bono or Michael Kennedy.
Putin tripped her? She was due for a number of important meetings which had to be cancelled. Could also be an excuse not to meet because she knows something major is coming down the pike in the next few weeks. Brilliant on her part if that were the case.
Skiing accident? Or over zealous poolboy?
<shudder>
pods
I find Merkel quite fuckable in a strange old lady way.
That picture of her as a young East German is tasty...
Well, the big guys are back
at the table and need to refinance
their X-Mas presents. Seriously, TD,
its called profit taking... :-0
Trannies have been troubled for thousands of years
Is it 2014 already? I didn't get the memo.
Updated headline: Stocks dip to 6 day lows.
To go with the other headline: <sports team> has won 1 game in a row!
Everyone is picking up their chips and going to the bar.
This is getting interesting because the Casino is the GLOBE !
Early tax loss selling for 2014
The Taper bounce was just the continuation of the biggest bullshit year in stock market history. Even more than 1999. At least during the late 90s the economy was actually pretty good and the Fed wasn't pumping $1 trillion directly into the market.
Sanity and the realization that the economy sucks may be coming back. Until The Market figures out what Yellen is going to do. If she grabs a new jug of toner then The Market will roar past the 2013 highs.
Feels like September 1987 or maybe 1939.
We don't need sanity, we have printing presses & reverse repo swap agreements.
Fundamantals don't matter this time.
Oh Gawd, doubled up my mortgage to buy because you guys told me POMO was coming and not to short so went long... now I'm homeless.
Thanks again Zerohedge!!
Double full retard ahead,
As long as it's not "Double-Dog Full Retard."
You know the markets are fucked up when 6 points on the S&P is considered a plunge.
That's the level of market desperation, even a few point drop may cause a sentient being to actually sell a share causing pandemonium when an algobot was trying to sell too and suddenly had to buy.
Can you imagine the pandemonium if we ever had a 2 or 3% down day? The fed has fucked this market up with it's conditioning af Pavlov's dogs.
Continue to SAFP.
Short Any Fucking Pop
Yeah and you'll be broke soon with that investment thesis.
Yeah good luck with that. Yellen will stick a hot POMO poker up yous ass and seperate you from your currency too.
Tru-dat, Homie!
Smoke gets in your eyes......
"Plunge" to 2014 lows? LOL. So dramatic. It's not plunging, its just down. The market is down 1.3% this year so far. So....Its up 30.6% the past 53 weeks. Quit making it sound like we are near collapse. Geesh. BTFD and move on.
Sauce for the goose. Just using the same language the bulls use to describe "soaring" markets and "all time highs". Deal with it. It is clearly in jest.
lost 20 points in 3 days
gained 80 points 9 days prior
the fed is waiting for the timer to go off again and then more "fucked up record highs"
earnings season starts in a week - means fuck all
fuck you Yellen you rotten cunt
Today is a POMO day right? OK. Buy this dip. Afternoon rally.
Will be interesting to see if Jenny Craig's POMO will be SSDY or if they're diverting from the script due to the reduction. It's all about their script. Are they putting us on diet or placebo pills?
Oh my god the world is ending! S&P plunging a whole 0.28%!!!!
Seriously Zerohedge?
I think they are being sarcastic. But still--The market has not been this low all year. It is shocking how fast it hit new yearly lows!
Quinvarious, While it is a technically true headline, some may have trouble with a trend being called on the 6th day of the year.
Speaking of new year, thanks for your thoughts posted last year.
Some commenters need to check their sarcasm meters, I guess.
Lows of the year...are you kidding me?!?!?!
Good calls last year BTW...all the up...to new ATH
This rigged POS should be at ATH again by the close on Friday
Wash, rinse, repeat
Until it's not
would you mind reserving words like "plunge" for when the decline is greater than -0.4% ?
thanks
FOR SERIOUS?
Plunge to 2014 lows? It's not even a week in to 2014. Come on. This headline may as well end in /sarc
Another thrilling "Dow30 PLUNGES to Lowest in last 8 minutes" headline. LOL